3 years ago

What term best summarizes the idea that money indicates success and value?

Business

1 answer:

Valentin [98]3 years ago

6 0

Answer:

cockiness

Explanation:

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On January 1, 2018, Tyson Manufacturing Corporation purchased a machine for $40,000,000. Tyson's management expects to use the

enyata [817]

Answer:

$4,842,800.00

Explanation:

Units-of-production depreciation method calculates the amount to be deprecation depending on the asset usage for that period.

In this case, the total hours the asset is expected to work.

Cost of machine $ 40,000,000.00

Salvage value : $ 47,000.00

total hours machine should work: 33,000.00

Depreciable amount: = Cost price- salvage value

=$40,000,000.00-$47,000.00

=$39,953,000.00

Depreciation per hour= $39,953,000.00/33000

=1,210.6969

=1,210.70

Depreciation for 2018 =1210.7x4000

=$4,842,800.00

5 0

3 years ago

Twilight Company uses the aging of accounts receivable method to estimate Bad Debt Expense. The balance of each account receivab

AnnZ [28]

Answer:

a. Acct. receivable % uncollectible Est. uncollectible

1-30 days old $63,000 3% $1,890

31-90 days old $12,000 14% $1,680

> 90 days old $5,000 37% $1,850

Total $5,420

b. Date General journal Debit Credit

Dec 31 Bad debts expenses $5,150

Allowance for doubtful accounts $5,150

($5,420 - $270)

6 0

3 years ago

If the government sets out to make home buying easier for more people by forcing lenders to accept ____________ down payments an

Artemon [7]

Answer:

If the government sets out to make home buying easier for more people by forcing lenders to accept LOWER down payments and LOWER interest rates, the result will likely be an INCREASE in housing prices

Explanation:

If either interest rates or down payment amounts lower, the quantity demanded for houses will increase a little, possible leading to a small increase in the prices of houses.

If both interest rates and down payment amounts lower, then the quantity demanded for houses should increase a lot, which will result in an increase in the prices of houses.

This happened during the first decade of our century and everything was fine until the interest rates started to increase and people could no longer pay their mortgages and BOOM, the economy busted.

7 0

3 years ago

Which of the following are automatically withheld from paychecks?

Dimas [21]

Taxes are automatically withdrawn from paychecks.

4 0

3 years ago

Tangible assets as well as intangible assets of a business need to be assessed for proper venture evaluation.

PilotLPTM [1.2K]

I think it's a. True

7 0

3 years ago